Indian (NIFTY) Electronic Equipment and Instruments Industry Analysis

UpdatedMar 07, 2026

DataAggregated Company Financials

Companies19

7D-2.6%
3M-6.7%
1Y-11.8%
YTDn/a

Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 2.6%, driven by declines from every company within the industry. The industry has fallen 12% in the last year. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

Has the Indian Electronic Equipment and Instruments Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 07 Mar 2026	₹592.9b	₹156.2b	₹16.3b	21.9x	36.3x	3.8x
Mon, 02 Feb 2026	₹594.3b	₹146.6b	₹14.9b	23.2x	39.8x	4.1x
Wed, 31 Dec 2025	₹610.3b	₹144.0b	₹14.7b	25.4x	41.4x	4.2x
Fri, 28 Nov 2025	₹649.7b	₹144.0b	₹14.7b	26.4x	44.1x	4.5x
Sun, 26 Oct 2025	₹635.0b	₹133.2b	₹15.5b	33.2x	41x	4.8x
Tue, 23 Sep 2025	₹649.7b	₹131.6b	₹15.4b	34.6x	42.2x	4.9x
Thu, 21 Aug 2025	₹639.8b	₹131.6b	₹15.4b	33.1x	41.6x	4.9x
Sat, 19 Jul 2025	₹521.4b	₹92.2b	₹10.8b	41.6x	48.2x	5.7x
Mon, 16 Jun 2025	₹499.7b	₹90.4b	₹10.7b	43.4x	46.6x	5.5x
Wed, 14 May 2025	₹449.4b	₹82.5b	₹8.7b	46.6x	51.6x	5.4x
Fri, 11 Apr 2025	₹419.2b	₹82.5b	₹8.7b	39.7x	48.1x	5.1x
Sun, 09 Mar 2025	₹440.8b	₹82.5b	₹8.7b	45.2x	50.6x	5.3x
Tue, 04 Feb 2025	₹625.1b	₹83.8b	₹9.9b	58x	63.1x	7.5x
Thu, 02 Jan 2025	₹772.0b	₹83.7b	₹10.0b	72x	77.6x	9.2x
Sat, 30 Nov 2024	₹716.3b	₹83.7b	₹10.0b	72.8x	72x	8.6x
Mon, 28 Oct 2024	₹754.4b	₹77.7b	₹9.1b	81.5x	82.8x	9.7x
Wed, 25 Sep 2024	₹772.6b	₹77.6b	₹9.1b	82.4x	84.7x	10x
Fri, 23 Aug 2024	₹789.9b	₹76.2b	₹9.0b	63.1x	87.3x	10.4x
Sun, 21 Jul 2024	₹743.0b	₹72.8b	₹8.3b	66x	90x	10.2x
Tue, 18 Jun 2024	₹744.1b	₹71.0b	₹8.1b	73.5x	92x	10.5x
Thu, 16 May 2024	₹652.8b	₹67.4b	₹11.8b	46.4x	55.2x	9.7x
Sat, 13 Apr 2024	₹605.3b	₹66.7b	₹11.7b	38.8x	51.7x	9.1x
Mon, 11 Mar 2024	₹538.8b	₹66.7b	₹11.7b	38.7x	46x	8.1x
Wed, 07 Feb 2024	₹557.0b	₹65.3b	₹11.8b	39.7x	47x	8.5x
Fri, 05 Jan 2024	₹509.5b	₹64.6b	₹11.6b	45.9x	43.9x	7.9x
Sun, 03 Dec 2023	₹496.9b	₹64.6b	₹11.6b	34.1x	42.8x	7.7x
Tue, 31 Oct 2023	₹486.7b	₹59.9b	₹10.8b	35.9x	44.9x	8.1x
Thu, 28 Sep 2023	₹527.8b	₹59.4b	₹10.7b	36.4x	49.2x	8.9x
Sat, 26 Aug 2023	₹503.7b	₹52.4b	₹10.4b	58x	48.3x	9.6x
Mon, 24 Jul 2023	₹495.1b	₹49.8b	₹9.8b	29.2x	50.6x	9.9x
Wed, 21 Jun 2023	₹458.3b	₹49.8b	₹9.8b	31x	46.8x	9.2x
Fri, 19 May 2023	₹418.9b	₹50.8b	₹5.7b	27.3x	73.4x	8.2x
Sun, 16 Apr 2023	₹381.7b	₹46.8b	₹5.1b	27.3x	74.8x	8.2x
Tue, 14 Mar 2023	₹364.8b	₹46.8b	₹5.1b	21.3x	71.4x	7.8x

Price to Earnings Ratio

71.4x

Tue, 14 Mar 2023

Current Industry PE

Investors are pessimistic on the Indian Electronic Equipment and Instruments industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 36.3x which is lower than its 3-year average PE of 56.3x.

The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 3.8x.

Past Earnings Growth

The earnings for companies in the Electronic Equipment and Instruments industry have grown 47% per year over the last three years.
Revenues for these companies have grown 49% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indian Electronic Equipment and Instruments compare with similar industries?


IN Market	-3.02%
Tech	-2.39%
Electronic Equipment and Components	-4.52%
Electronic Equipment and Instruments	-2.60%
Electronic Components	0.16%
Electronic Manufacturing Services	-4.30%
Technology Distributors	-9.92%